Business news from Ukraine

Business news from Ukraine

Ukrtelecom increased its revenue by 7.4% in first half of 2025

4 August , 2025  

Ukrtelecom, Ukraine’s largest fixed-line operator, reported total revenue of nearly UAH 2.47 billion for January-June 2025, up approximately 7.4% from the same period in 2024 (nearly UAH 2.3 billion), the company said on Friday.

According to its release, EBITDA for the first six months of this year amounted to over UAH 540 million, compared to approximately UAH 620 million for the first six months of last year, i.e., a decrease of approximately 12.9%, while EBITDA margin fell to 22.1% from 27%.

It is noted that in January-June this year, over UAH 785 million in taxes and fees were paid to budgets of all levels, compared to over UAH 660 million for the same period last year.

According to the release, Ukrtelecom increased its revenue from optical Internet services by 10.5% in the first half of this year.

This was achieved due to a 17.6% increase in the number of new fiber-optic subscribers in the mass B2C segment and a 10% increase in the business segment (large enterprises and SMEs) compared to the same period last year.

It is also noted that since the beginning of the year, more than 2,000 km of fiber-optic lines have been laid, and more than 60 medical and nearly 100 educational institutions have been connected to fiber-optic internet, while in the first half of 2024, these figures were approximately 50 and more than 70, respectively. As of the end of the first half of 2025, the company’s optical network covers more than 1,350 medical and over 1,800 educational institutions.

According to the company, the loyalty level of new optical subscribers of Ukrtelecom (NPS – Net Promoter Score) in January-June was 67%.

In addition, Ukrtelecom emphasized that revenues from commercial leases in the first half of 2025 exceeded UAH 260 million, which is 23.8% more than in the first half of 2024.

Ukrtelecom CEO Yuriy Kurmaz also noted among the achievements of the first half of the year the company’s entry into the Connect Europe association, which brings together leaders in the telecom industry in Europe.

As reported, in January-March 2025, the company increased its revenue by 3.5% compared to the same period in 2024, to UAH 1.17 billion, while EBITDA in the first quarter of this year fell by 41.1%, to UAH 162 million. Thus, in the second quarter, the company increased its revenue by approximately 11.1% to UAH 1.3 billion, and EBITDA by 9.6% to UAH 378 million.

 

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